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Foundation run by Chinese dissident faces Swiss bank account closure

TAIPEI (Taiwan News) — The Chinese dissident artist Ai Weiwei (艾未未) has made public that Credit Suisse is closing his foundation’s bank account due to the artist’s supposed criminal ...

ChipMOS to Present at 22nd Credit Suisse Asian Technology Conference

HSINCHU, Sept. 2, 2021 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider...

Xi’s wealth redistribution push starts with stick

HONG KONG, Aug 18 (Reuters Breakingviews) - Chinese President Xi Jinping is fleshing out his plans for wealth redistribution. He wants to restrain “unreasonable income”, hike wages and exp...

SPACs: Europe plays catch-up over blank-check gamble

SPACs — shell companies that raise billions of dollars to purchase private firms and take them public — have been described as everything from "revolutionary" to the "most o...

Wall St Week Ahead: Fed shift causes rally in value stocks to wobble

The Federal Reserve’s hawkish shift is forcing investors to reevaluate the rally in so-called value stocks, which have taken a hit in recent days after ripping higher for most of the year. Sh...

Vetter Once Again Wins Axia Best Managed Companies Award

Honor confirms continuity and the pharmaceutical service provider's approach to sustainability Internationally renowned seal of quality for exemplary corporate managementPositive assessment of strateg...

Wall Street Week Ahead Blow-out U.S. earnings suggest market has room to run

U.S. companies are leaping above expectations on first-quarter earnings, giving investors stronger confirmation that profit growth will be able to support the market this year. A big piece of that ...

A look at how US corporations manage the tax system

WASHINGTON (AP) — As American corporations have generated an ever-smaller share of federal tax revenue, the burden has fallen more heavily on individuals, through the income tax and the levies that pa...

Biden's corporate tax plan takes aim at income inequality

WASHINGTON (AP) — From John Kennedy to Ronald Reagan to Donald Trump, American presidents have taken aim at corporate America's tax-avoidance schemes before — and mostly missed. Now,...

Swiss authority to probe Credit Suisse over trading losses

GENEVA (AP) — Switzerland’s financial markets authority said Thursday it is looking into possible penalties against Credit Suisse after the top-drawer bank announced “significant losses” linked to a U...

VP Bank appoints Pamela Hsu Phua as CEO of VP Bank Asia and reinforces its com-mitment to expanding its Asian franchise

BEIJING, CHINA - Media OutReach - 15 April 2021 - VP Bank announces the appointment of Pamela Hsu Phua as CEO of VP Bank Asia, effective 1 July 2021, pending approval by the relevant financial marke...

Moderna, Valero rise; Stitch Fix, Discovery fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: SAP SE, up $1.54 to $135.97. The software company raised its financial foreca...

US nominates NY lawyer to monitor United Auto Workers union

DETROIT (AP) — The U.S. attorney's office in Detroit is recommending that a federal judge name New York lawyer Neil Barofsky to monitor the United Auto Workers union's behavior after a corruption scan...

Credit Suisse foresees $4.7B charge over hedge fund default

GENEVA (AP) — Swiss bank Credit Suisse on Tuesday announced the departure of two top executives and said it expects a one-time charge of 4.4 billion Swiss francs ($4.7 billion) in connection with a pr...

Asian shares mostly rise amid mixed market signs

TOKYO (AP) — Asian shares were mostly higher on Tuesday as investors focused on causes for optimism despite a weak close on Wall Street. Japan's benchmark edged up 0.2% to finish at...